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Sam Altman’s Worldcoin (WLD) Expands to Solana (SOL) Blockchain Via Wormhole

n70products by n70products
September 18, 2024
in Altcoin
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Sam Altman’s Worldcoin (WLD) Expands to Solana (SOL) Blockchain Via Wormhole
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A crypto venture that made waves final yr with its iris-scanning expertise has made its technique to a brand new blockchain.

In line with a brand new weblog announcement from Sam Altman’s Worldcoin (WLD), the identity-focused venture is making the leap to Solana (SOL) through the Wormhole interoperability platform.

Says Robinson Burkey, co-founder of the Wormhole Basis,

“Bringing World ID to Solana is a giant step ahead for identification verification. With the mixing of World ID and Wormhole Queries, builders can now simply construct purposes that prioritize actual customers throughout chains, bettering belief in decentralized ecosystems.”

World ID is Worldcoin’s decentralized identification protocol, which goals to create a extra verifiably human crypto-ecosystem. Worldcoin and World ID have been initially constructed on the Ethereum (ETH) blockchain, and customers will now be capable of authenticate person IDs on Solana that have been initially minted on ETH, in keeping with the announcement.

In April of this yr, Worldcoin announced the creation of its personal ETH layer-2 blockchain known as World Chain.

“Very like the remainder of the web, lots of the issues blockchains face right now are aggravated by “bots”. By some estimates, as many as 80% of blockchain transactions are automated, and whereas many are for legitimate use instances, unproductive bots like airdrop farming ones typically result in congested networks and excessive charges. Paradoxically this tends to worsen as blockchains optimize for low gasoline charges and excessive throughput.

World Chain will handle this with World ID. Simply as folks can use World ID to anonymously show their humanity on apps—like Discord servers and Subreddits—they’ll have the power to confirm their addresses on World Chain. That is non-compulsory and anonymized by means of zero-knowledge proofs, which means addresses are totally delinked from the particular person’s identification, they usually merely get a verification akin to a blue checkmark.”

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Tags: AltmansBlockchainExpandsSamSOLSolanaWLDWorldcoinWormhole
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